MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-MH-18-0153186
Hybrid Systems Limited - travel and hospitality in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹68.31 Lakh
▼ 8% YoY
Net profit · FY 2025
₹1.44 Lakh
Net margin 2.1%
EBITDA · FY 2025
₹2.48 Lakh
EBITDA margin 3.6%
Authorised capital
₹2.25 Cr
Registered with MCA
Paid-up capital
₹91 Lakh
Issued & subscribed
Satisfied charges
₹15 Lakh
No open charges
Company age
33 yrs
Est. 1993
Employees · EPFO
11
Provident fund records
About Hybrid Systems Limited
Data last updated:
Hybrid Systems Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the consumer and professional services segment of the travel and hospitality sector. It was incorporated on 05 July 1993 and has been in existence for over 33 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U51900MH1993PTC072677. Its GSTIN is 27AACCM0319D1Z0 (Maharashtra).
The company has an authorised share capital of ₹2.25 Cr and a paid-up capital of ₹91 Lakh. It is led by directors including Nandakishore Raghunath Divate and Megha Jatendra Vazkar.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Mumbai, Maharashtra.
As per the financials filed for FY 2025, the company reported a revenue of ₹68.31 Lakh, a decline of 8% compared to the previous year. For the same year it recorded a net profit of ₹1.44 Lakh (net margin 2.1%) and EBITDA of ₹2.48 Lakh (EBITDA margin 3.6%). Revenue has grown at a compounded annual rate (CAGR) of 2% over three years and 4% over five years.
The company has about 11 employees on its provident fund (EPFO) records.
As per MCA filings, the company has satisfied charges of ₹15 Lakh on record. Court records list 1 case involving the company, including 1 filed against it.
Hybrid Systems Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-18-0153186). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website hybridfinance.co.in.
Company details
CIN U51900MH1993PTC072677
Registration Number 072677
Incorporation Date 05 July 1993
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Micro
Udyam Registration UDYAM-MH-18-0153186
Key People
Nandakishore Raghunath Divate Director Megha Jatendra Vazkar Director Chandramouli Krishnamurthy Director Recognitions & Rankings of Hybrid Systems
Contact details
Hybrid Systems Limited's registered office is in Mumbai, Maharashtra. Its website is hybridfinance.co.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address105 1st Floor Sterling Centre Opp.Divine Child High School Andheri – K, Urla Road, Mumbai, Maharashtra, India – 400093
- IndustryTravel and Hospitality, Consumer Professional Services
To see the full contact details of Hybrid Systems Limited, buy the company report.
Comprehensive company report
Hybrid Systems Limited - one report that includes everything
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included
Business activity
The main business activity of Hybrid Systems is financial and insurance activities. In detail, this covers financial service activities, except insurance and pension funding.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| K | Financial and insurance activities | 64 | Financial service activities, except insurance and pension funding |
To see the full business activity and turnover split of Hybrid Systems Limited, buy the company report.
Financials of Hybrid Systems Limited
FY 2025 filings availableHybrid Systems Limited reported revenue of ₹68.31 Lakh (down 8% YoY) for FY 2025.
Revenue · FY 2025
₹68.31 Lakh ▼ 8%
Net profit · FY 2025
₹1.44 Lakh margin 2.1%
EBITDA · FY 2025
₹2.48 Lakh margin 3.6%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 8%
3 years · compounded
▲ 2%
5 years · compounded
▲ 4%
EBITDA CAGR growth
1 year
▲ 33%
3 years · compounded
▼ 34%
5 years · compounded
▼ 18%
Revenue fell 8% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 4%. EBITDA rose 33% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Depreciation and Amortisation | |||||
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| Total Expenses | |||||
| EBITDA | ₹2.48 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹1.44 Lakh | ||||
| Balance Sheet | |||||
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| Reserves and Surplus | |||||
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| Trade Receivables | |||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 3.6% | ||||
| Net Profit Margin | 2.1% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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| Efficiency and Growth | |||||
| Asset Turnover | |||||
| Receivable Days | |||||
| Payable Days | |||||
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To see the full financial statements and ratios of Hybrid Systems Limited, buy the company report.
Board of directors of Hybrid Systems Limited
Hybrid Systems has 3 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Nandakishore Raghunath Divate | Director | 05 Mar 1998 | 28 Years 7 Months | Current |
| Megha Jatendra Vazkar Also directs: Hybrid Financial Services Limited, Garron Trading Company Private Limited, Hybrid Services and Trading Private Limited and 1 more | Director | 02 Jul 2001 | 25 Years 3 Months | Current |
| Chandramouli Krishnamurthy Also directs: Brooklands Plantation LLP, Hybrid Financial Services Limited, Garron Trading Company Private Limited and 5 more | Director | 05 Mar 1998 | 28 Years 7 Months | Current |
Auditor
Hybrid Systems Limited is audited by PRAKASH S & ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| PRAKASH S & ASSOCIATES | FY 2023 | 121090W |
Shareholding
The shareholding of Hybrid Systems Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Hybrid Systems Limited, buy the company report.
Charges & borrowings
Open charges
None
Satisfied charges
₹15 Lakh
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 22 Mar 2012 | 10348971 | Lakshmi Vilas Bank Limited | ₹15 Lakh | Satisfied |
To see the full charge records of Hybrid Systems Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
Hybrid Systems Limited has 1 court case on record: 1 filed against it. All case is disposed.
Total cases
1
Filed against the company
1
Disposed
1
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 1 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai CMM Courts, Maharashtra | Court case (Ss casess) | Filed against the company by Muncipal Corporation K-East Ward, Mumbai | Disposed |
To see the full case history of Hybrid Systems Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Hybrid Systems Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Hybrid Systems Limited has a workforce of 11 employees on its EPFO records as of Apr 06, 2024, across 1 active EPFO establishment.
Employee count
11
Active EPFO establishments
1
Employee growth
10%
GST
Hybrid Systems has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AACCM0319D1Z0 | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Hybrid Systems Limited, buy the company report.
Recent activity
Hybrid Systems Limited has 3 board changes on record since 1998: 3 appointments. The latest: Megha Jatendra Vazkar was appointed as Director on 02 Jul 2001.
AGM
Hybrid Systems Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Hybrid Systems Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai I.
Charges
A charge registered on 22 Mar 2012 via Charge ID 10348971 with Lakshmi Vilas Bank Limited was fully satisfied on 05 Jan 2015.
Charges
A charge with Lakshmi Vilas Bank Limited amounted to Rs. 0.15 Cr with Charge ID 10348971 was registered on 22 Mar 2012.
Appointed
Megha Jatendra Vazkar was appointed as Director.
Appointed
Chandramouli Krishnamurthy was appointed as Director.
Appointed
Nandakishore Raghunath Divate was appointed as Director.
Incorporation
05 Jul 1993
Hybrid Systems Limited was registered on 05 Jul 1993 with Roc Mumbai I & aged 33 years 3 months as per MCA records.
Frequently asked questions
Hybrid Systems is an active private limited company based in Mumbai, Maharashtra, India. The company works in consumer professional services, within the travel and hospitality industry. It was incorporated on 05 July 1993 (33+ years old) and is registered under CIN U51900MH1993PTC072677.
Hybrid Systems has 3 current directors:
- Nandakishore Raghunath Divate - Director
- Megha Jatendra Vazkar - Director
- Chandramouli Krishnamurthy - Director
The latest financial statements of Hybrid Systems on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Hybrid Systems is 27AACCM0319D1Z0, registered in Maharashtra.
The CIN (Corporate Identification Number) of Hybrid Systems is U51900MH1993PTC072677. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Hybrid Systems has 1 court case on record: 1 filed against it.
Hybrid Systems was incorporated on 05 July 1993, making it 33+ years old. It is registered with the Registrar of Companies, Mumbai.
Megha Jatendra Vazkar was appointed as Director on 02 Jul 2001. Chandramouli Krishnamurthy was appointed as Director on 05 Mar 1998. Nandakishore Raghunath Divate was appointed as Director on 05 Mar 1998.
Yes, Hybrid Systems is registered as a micro enterprise under Udyam registration (number: UDYAM-MH-18-0153186).
Hybrid Systems can be reached through the website hybridfinance.co.in. Its registered office is in Mumbai, Maharashtra, India.